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Banks focus on defining challenge of reducing NPEs
EconomyBankingis in the process of forming a portfolio of loans secured by property from hotel and construction firms
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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeatureshotel units as well as luxury residences. Cyprus’s equivalent programme, which has been in operation
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CPI up by 1.8 pct in October, highest since March 2017
EconomyMacroeconomy) and hotel, cafés and restaurants (+1.3 percent). Smaller rises ranging between 1.2 percent and 0.8
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CPI up by 0.6 pct in Dec, matching annual average increase for 2018
EconomyMacroeconomybeverages and tobacco (+1.2 percent), housing (+1.1 percent) and hotel, cafés and restaurants (+0.8
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CPI rises by 1 pct in April
EconomyMacroeconomy, a modest rise was seen in hotel and restaurant prices, rising by 0.5 percent. These increases were
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NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
EconomyBankingto the fact that although tourism has been experiencing record seasons recently, hotel NPEs were at 35.2
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Fiscal issues top agenda as fourth post-MoU review gets underway
EconomyProgrammethe project and tender for the licence to build a casino and luxury hotel have to be overcome. Initially
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Calls for measures to lessen impact of Thomas Cook collapse in Greece
EconomyFeaturesof their hotel stays in light of the collapse would also be covered, he added. The demise of one of the UK’s
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Plans for Hellinikon development set out, emphasis on real estate revenues
EconomyFeaturesincluding a marina hotel and residential tower, are part of the second phase. The size of the project means
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Island unrest puts PM in tough spot
PoliticsGreek Politicsthe embarrassment of having their officers attacked by locals while they were stationed at a hotel
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